ECC approves Rs75 billion for repayment of tax refunds

Mar 31

Finance, Taxation

ECC approves Rs75 billion for repayment of tax refunds

ISLAMABAD: Economic Coordination Committee of (ECC) the Cabinet on Monday approved Rs75 billion for Federal Board of Revenue (FBR) for the repayment of tax refunds. Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired a special meeting of the ECC, which approved Rs75 billion for FBR to enable them to […]

by Mrs. Anjum Shahnawaz

ECC approves withholding tax exemption on remittances transfer to bank accounts

Mar 4

Finance

ECC approves withholding tax exemption on remittances transfer to bank accounts

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved exemption from withholding tax on transfer of remittances into bank accounts. The ECC approved at the meeting on Wednesday chaired by Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh. The ECC approved that the amount of the remittances transferred into bank accounts […]

by Mrs. Anjum Shahnawaz

ECC allows import of controlled chemicals through commercial importers

Feb 20

Finance

ECC allows import of controlled chemicals through commercial importers

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday allowed import of controlled chemicals through commercial importers. The ECC which met under the chair of Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh allowed import of controlled chemicals through commercial importers. The chemicals will includes acetone, anthracitic acid, ethyl […]

by Mrs. Anjum Shahnawaz

Feb 10

Finance

ECC bans sugar export to control prices

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday banned the export of sugar to maintain the prices in domestic market.

by Mrs. Anjum Shahnawaz

ECC approves Rs700 million for Postal Life Insurance

Feb 4

Finance

ECC approves Rs700 million for Postal Life Insurance

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved an amount of Rs700 million as initial paid up capital for Postal Life Insurance. A statement said that In order to register Postal Life Insurance as Public Limited Company, ECC approved an amount of Rs 700 million as initial paid up capital. The amount […]

by Mrs. Anjum Shahnawaz

ECC approves waiver of all port charges against Karkey rental power

Jan 30

Finance

ECC approves waiver of all port charges against Karkey rental power

ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Wednesday approved waiver of all port charges against Karkey rental power. Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting at the Cabinet Division. The ECC considered and approved waiving off all port dues/ charges amounting to Rs […]

by Mrs. Anjum Shahnawaz

Jan 20

National

ECC allows import of 300,000 tons wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Monday allowed 300,000 tons of wheat to ensure sufficient supply of the commodity and reducing prices in the domestic market. A meeting of the Economic Coordination Committee of the Cabinet (ECC) chaired by Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez […]

by Mrs. Anjum Shahnawaz

ECC constitutes price negotiation committee for TAPI gas pipeline project

Jan 8

Energy, Finance

ECC constitutes price negotiation committee for TAPI gas pipeline project

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved the constitution of Price Negotiation Committee (PNC) for TAPI(Turkmenistan-Afghanistan-Pakistan-India) Gas pipeline project. Adviser to the Prime Minister on Finance, Dr. Abdul Hafeez Shaikh chaired the meeting of the Cabinet here at the Cabinet Division. The PNC shall negotiate the price with Turkmen gas. […]

by Mrs. Anjum Shahnawaz

ECC approves increase in wheat support price

Nov 28

Finance

ECC approves increase in wheat support price

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the minimum support price of wheat to Rs1365 per 40 kilograms from Rs1350. The ECC, which was chaired by Dr. Abdul Hafeez Shaikh, Adviser to Prime Minister on Finance and Revenue, on Thursday approved the minimum support price of wheat from the previously announced […]

by Mrs. Anjum Shahnawaz

ECC approves Rs30bn for redemption of sales tax refund bonds

Nov 28

Taxation

ECC approves Rs30bn for redemption of sales tax refund bonds

ISLAMABAD: The government has approved Rs30 billion for redemption of sales tax refund bonds issued by the Federal Board of Revenue (FBR). The Economic Coordination Committee (ECC) of the Senate in a meeting yesterday took up a proposal by FBR and approved a technical supplementary grant to the tune of Rs 30 billion for the […]

by Mrs. Anjum Shahnawaz